When is the deadline for supplementary tax declaration in Vietnam for third quarter of 2024?

When is the deadline for supplementary tax declaration in Vietnam for third quarter of 2024?

Based on Article 47 of the Law on Tax Administration 2019, there are specific provisions regarding the supplementary tax declaration as follows:

Supplementary Tax Declaration

1. Taxpayers who discover errors or omissions in their tax declarations already submitted to the tax authorities are entitled to supplement their tax declarations within a period of 10 years from the deadline for submitting tax declarations of the tax period with the errors or omissions, but before the tax authorities, or competent authorities announce their decision on inspection, examination.

2. When the tax authorities or competent authorities have announced a decision to inspect, examine taxes at the taxpayer's headquarters, the taxpayer is still allowed to submit supplementary tax declarations; the tax authority shall impose administrative penalties for tax management violations as prescribed in Articles 142 and 143 of this Law.

3. After the tax authorities or competent authorities have issued conclusions or decisions on tax issues following inspection, examination at the taxpayer's headquarters, the supplementary tax declaration is regulated as follows:

a) Taxpayers are allowed to supplement their tax declarations particularly in cases that increase the amount of tax payable, decrease the amount of tax deductible, or reduce, eliminate, refund and are subject to administrative penalties for tax management as prescribed in Articles 142 and 143 of this Law;

b) In cases where taxpayers discover errors, omissions in their tax declarations, if the supplementary declaration reduces the tax payable or increases the tax deductible, increases the tax exemption, reduction, refund, it shall be handled according to the regulations on resolving tax complaints.

4. Documents for supplementary tax declarations include:

a) Supplementary declaration form;

b) Explanatory statement for supplementary declaration and related documents.

5. For exported, imported goods, the supplementary tax declaration shall follow customs law provisions.

Pursuant to the above regulation, the deadline for supplementary tax declaration for the third quarter of 2024 when the taxpayer discovers errors, omissions in the submitted tax declaration is 10 years from the deadline for submitting the tax declaration for the third quarter of 2024, but before the tax authorities, competent authorities announce their decision on inspection, examination.

Vietnam: What does the supplementary tax declaration include?

According to clause 4 Article 47 of the Law on Tax Administration 2019, the specific regulations regarding the supplementary tax declaration include:

- Supplementary declaration form

- Explanatory statement for supplementary declaration and related documents.

When is the deadline for supplementary tax declaration in Vietnam for third quarter of 2024? (Image from the Internet)

What are regulations on the deadline extension for submitting tax declarations in Vietnam?

According to Article 46 of the Law on Tax Administration 2019, specific regulations on the extension for submitting tax declarations are as follows:

- Taxpayers unable to submit tax declarations on time due to natural disasters, disasters, epidemics, fires, unexpected accidents shall have their submission deadlines extended by the head of the directly managing tax authority.

- The extension period shall not exceed 30 days for monthly, quarterly, annual tax declarations, and declarations for each time a tax obligation arises; 60 days for final tax declaration submissions from the tax declaration submission deadline.

- Taxpayers must send a written request for extension to the tax authority before the tax declaration deadline, clearly stating the reasons for the extension request with certification from the commune-level People's Committee or Police at the place where the extension is requested as stipulated in Clause 1 of this Article.

- Within 03 working days from receiving the request for an extension, the tax authority must respond in writing to the taxpayer on whether the extension is accepted or not.

Where to submit tax declarations in Vietnam?

According to Article 45 of the Law on Tax Administration 2019, specific regulations regarding the location for submitting tax declarations are as follows:

- Taxpayers submit tax declarations at the directly managing tax authority.

- In cases where tax declarations are submitted through a one-stop-shop mechanism, the location for submission is determined by the mechanism's regulations.

- The location for submitting tax declarations for exported, imported goods is conducted according to Customs Law.

- The Government of Vietnam stipulates the location for submitting tax declarations in the following cases:

+ Taxpayers with multiple production, business activities;

+ Taxpayers conducting production, business activities across various locations; taxpayers with tax obligations for taxes declared and paid per occurrence;

+ Taxpayers with tax obligations from land-related charges; mining rights for water resources or mineral resources;

+ Taxpayers with personal income tax settlement obligations;

+ Taxpayers submitting tax declarations via electronic transactions and other necessary cases.